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Other Fields Homework Help Economics Topic started by: jacksonfive09 on Jul 22, 2019



Title: Prices below the free market equilibrium price are inefficient because:
Post by: jacksonfive09 on Jul 22, 2019
Prices below the free market equilibrium price are inefficient because:

▸ no one can be made better off without hurting someone by participating in another transaction.

▸ all mutually beneficial transactions happen.

▸ more goods could be produced using society's resources.

▸ they prevent mutually beneficial transactions.


Title: Prices below the free market equilibrium price are inefficient because:
Post by: eltoro on Jul 22, 2019
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